Applications are open for the Central Bank of the United Arab Emirates’ (CBUAE) Financial Health Innovation Challenge, which seeks market-ready solutions to improve the financial well-being of individuals and micro, small and medium-sized enterprises (MSMEs).
The challenge is open to solutions developed in the UAE and internationally, provided they can demonstrate measurable improvements in financial health.
Eligible innovations may include products, services, technologies and delivery models that help individuals and businesses manage daily finances, withstand financial shocks, achieve long-term goals and make informed financial decisions.
The Central Bank of the UAE leads the initiative, while the Alliance for Innovative Regulation (AIR) is responsible for its delivery.
The Mastercard Center for Inclusive Growth serves as an ecosystem partner, while EIF Innovation Hub is a collaboration partner. The initiative also receives support from organisations across the banking, money remittance, savings and investment sectors.
Applications close on November 30, 2026, at 11:30 p.m. Gulf Standard Time (GST).
Interested applicants can find more information and apply through the official challenge website: https://regulationinnovation.org/fhic
EduTimes Africa, a product of Education Times Africa, is a magazine publication that aims to lend its support to close the yawning gap in Africa's educational development.